fwiw- just found this guy and started listening, talking about what's coming w/CBDCs, mentions something about digital gold (???), trying to come up w/options
... makes ya wonder why they hired 87,000 armed IRS agents... a real son-of-a bitch-coin huh? That un-earned profits 40% capital gains tax will keep em fearful and holding all the way down .
Greg, WHY would you want the Fed to cut rates? QE and printing money via extreme low rates is the problem! It has ruined our USD, destroyed the middle class and perpetrated massive inflation and 33 trillion dollars of unsustainable debt. GREG PLEASE ANSWER DON'T EVADE THIS QUESTION. WHY?
Cant make this up gm economy is in the toilet but dollar is up vs most of the currencies and focus on these protests ,trump trial ect anything But the economic disaster
.... a complete perversion of economic freedom and free-markets.. governed by traitors we ALL bought and baptised at the election/auction - for few "enumerated" instances... end affirmative action for use of power and END THE FED!
I don't understand why you want the fed to cut rates? Isn't it easy/cheap money that got us where we are? Aren't 5%-6% rates is much more historically normal than 3%? Everyone has been spoiled for too long. Yes going back to reality will have some pain, I get that. (what am I missing?)
... liquidation is a good thing - price discovery - dummy-up... Jackson wouldn't have kicked-the can on down the road old timer. It'll be fine...sh_sh_sh...
It’s not about that price discovery, it’s about the fact that the system will literally freeze and nothing will work. I’m ok with that-its gotta happen eventually. But many people will be in a world of trouble
It takes about 6 months to a year delay for the fed to see results of their rate move. 6 months out from now? 01 November 2024. Days away from Election/Selection in November . 12 months out is next May. The fed will not move rates. Too risky, unless they know who will be next president. Normally, trade markets are stable in a presidential election year.
Why don't you do a rain dance Greg? Maybe they'll intervene for you again. But, you fail to notice the little problem with the JPY. It's been a bit of a problem lately. You should look into it.
fwiw- just found this guy and started listening, talking about what's coming w/CBDCs, mentions something about digital gold (???), trying to come up w/options
https://twitter.com/AaronRDay/status/1778574210828497340
They 100% have to cut soon. Interest payments are over a trillion now. They always bluff before cutting
See 41 min mark:
https://www.bitchute.com/video/cxzDYW5z6d6U/
read highlighted section from FBI report
https://twitter.com/TruthNoticing/status/1785424408024076668
So they are going after bitcoin people?
https://www.justice.gov/opa/pr/early-bitcoin-investor-charged-tax-fraud
... makes ya wonder why they hired 87,000 armed IRS agents... a real son-of-a bitch-coin huh? That un-earned profits 40% capital gains tax will keep em fearful and holding all the way down .
I am not only expecting it, I am looking forward to the crash.
.... throw it in the fire at once - and begin the restoration.
Greg, WHY would you want the Fed to cut rates? QE and printing money via extreme low rates is the problem! It has ruined our USD, destroyed the middle class and perpetrated massive inflation and 33 trillion dollars of unsustainable debt. GREG PLEASE ANSWER DON'T EVADE THIS QUESTION. WHY?
Cant make this up gm economy is in the toilet but dollar is up vs most of the currencies and focus on these protests ,trump trial ect anything But the economic disaster
one thing is for certain
which ever way the Fed plans for the Market to go........thats where it will go....
if the Fed plans for the Market to Fall.........it will Fall
if the Fed plans to SAVE the Market you will see that happen also.......
.... a complete perversion of economic freedom and free-markets.. governed by traitors we ALL bought and baptised at the election/auction - for few "enumerated" instances... end affirmative action for use of power and END THE FED!
I don't understand why you want the fed to cut rates? Isn't it easy/cheap money that got us where we are? Aren't 5%-6% rates is much more historically normal than 3%? Everyone has been spoiled for too long. Yes going back to reality will have some pain, I get that. (what am I missing?)
It won’t just be some pain, the entire system will collapse if they don’t cut
Yeah, I suppose that's possible, (i get it) but, isn't that also the exact problem????
Yea we’re screwed either way. It’s either hyperinflation or a sovereign debt crisis
... liquidation is a good thing - price discovery - dummy-up... Jackson wouldn't have kicked-the can on down the road old timer. It'll be fine...sh_sh_sh...
It’s not about that price discovery, it’s about the fact that the system will literally freeze and nothing will work. I’m ok with that-its gotta happen eventually. But many people will be in a world of trouble
.... oh come on - that's never happened before Sonny Boy... how 'bout a round of golf on me. Hm HM HM?
It literally happened in 08 before they bailed everything out, sOnNy bOy
It takes about 6 months to a year delay for the fed to see results of their rate move. 6 months out from now? 01 November 2024. Days away from Election/Selection in November . 12 months out is next May. The fed will not move rates. Too risky, unless they know who will be next president. Normally, trade markets are stable in a presidential election year.
Why don't you do a rain dance Greg? Maybe they'll intervene for you again. But, you fail to notice the little problem with the JPY. It's been a bit of a problem lately. You should look into it.
We are not without hope...maybe.
https://substack.com/@solarmelt/note/c-55183151
We are not without hope...maybe.
https://substack.com/@solarmelt/note/c-55183151
Rates need to go up. Let's slaughter the Perma bulls once and for all.
Greg what do you think of this hot mess?
"Congress passes bill that could unlock billions in frozen Russian assets for Ukraine
More than $6 billion of the $300 billion in frozen Russian assets are sitting in U.S. banks."
"Russia Asset Seizure Law Spurs Yellen Praise, Dollar Angst
Congress passed new seizure powers as part of Ukraine aid bill"
https://www.bloomberg.com/news/articles/2024-04-24/russia-asset-seizure-law-spurs-yellen-praise-angst-over-dollar